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Posts Tagged ‘financial’

English Conversation – Banking

Wednesday, September 26, 2012 @ 02:09 PM
posted by Jo

This is the preparation material for an english conversation lesson about banks and banking. A bank is a place where money can be saved or loaned out from. Someone's money can be placed in the bank for safe keeping. Or the bank can give out loans to people for an agreement to pay the bank back at a later time, usually with interest. The people who run a bank are called bankers. Banks also can use the money they have from deposits to invest in businesses in order to make more money. Many people are not happy with the banking industry at the moment.  They believe that the banks are greedy and do not care about their customers.   read more